Page 2321 - Markets News

Stock market eyeing economy reopening, not virus-related data: Chris Wood

As regards the United States (US), Wood expects a gradual opening up in May

Reserve Bank extends truncated market hours amid coronavirus outbreak

The bond and currency markets are open now between 10 am and 2 pm, from their usual 9 am to 5 pm

Sebi further extends timelines for debt mutual funds to meet new norms

Norms have been extended till June 30, 2020

Yields on AT1 bonds shoot up in secondary market on MFs' liquidation move

Banks had issued these bonds as additional tier 1 (AT1) bonds to raise capital in the past

MCX offers chance to exit trading if crude oil price slips into negative

Asking members and clients to be extra cautious while dealing in crude oil, the exchange has said trading will be halted if the trading price falls to Re 1

Tata Motors rally unlikely to last, analysts sceptical on China momentum

The scaling up of operations comes as a relief given that auto sales in China had dropped 80 per cent year-on-year in February and 40 per cent in March

HUL's Q4 numbers a warning signal for those investing in the FMCG sector

With a 7% fall in volumes, topline declined by 9% and pre-tax profit by 11%; analysts see more pressure in coming quarters

RIL aims to raise Rs 53,125 crore through India's biggest rights issue

The Rs 53,125 crore issue to cut net debt by a third; along with Facebook and BP deals, company to raise Rs 1.04 trillion

Equities find their feet after March rampage on reassurance from Fed

Bourses cap April with 14.7% gains, best since '09

Fed, Covid-19 drug hopes lift indices; monthly gains at 11-year high

Stocks opened gap-up after a sharp rally on the Wall Street overnight, and managed to hold on to most gains despite banking stocks, the index heavyweights, underperforming

RIL consolidated Q4 PAT at Rs 6,348 cr; announces Rs 53,125 cr rights issue

Revenue from operations stood at Rs 139,283 crore, down 2.30 per cent from Rs 142,565 crore in the year-ago period.

HUL Q4 consolidated net profit slips 3.56% YoY to Rs 1,515 crore

"COVID-19 is perhaps the biggest challenge for us both from the lens of sustaining lives as well as livelihoods," said Sanjiv Mehta, Chairman and Managing Director.

Bombay HC gives four week to MCX, Sebi to reply on negative crude price

Court refuses to stay MCX's April 21 circular, which fixed a negative settlement price on the Aprol crude oil contract

Market Wrap, April 30: Here's all that happened in the markets today

On a weekly basis, Sensex zoomed 7.6 per cent and Nifty jumped 7.7 per cent

F&O expiry: Sensex soars 997 pts on Covid-19 drug hopes; auto, IT stks gain

All that happened in the markets today

India's jewellery demand dips 41% to 11-year low in March quarter: WGC

Global holdings of physically-backed gold ETFs and similar products jumped by 298 tonnes during the March quarter - the highest quarterly inflows for four years

UPL shares gain 11% on biz update, expectation of net debt reduction

The company said it expects its net debt to be at approx. $ 2.9 billion as of March 31, 2020 as compared to $4.2 billion as on December 31, 2019

RBI extends benefits under special liquidity facility for MFs to all banks

Decision taken based on requests received from banks; exposures under this facility will not be reckoned under large exposure framework or for determining priority sector targets

Polycab India shares hit 5% upper circuit ahead of board meet on Saturday

In the past seven trading days, the stock has fallen 9 per cent, thus underperforming the S&P BSE Sensex which rose 3.3 per cent

Hindustan Unilever trades lower for third straight day ahead of Q4 results

In Q4FY20, HUL's stock outperformed the market by rallying 20 per cent, against nearly 29 per cent decline in the Sensex